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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ >>> texas attorney general greg abbott has a lot to say about guns in america. welcome to you, sir. >> thank you. >> the president today was in minnesota, came out strongly again for a variety of different measures he wants to bring in through the senate, through the house to try, as he put it, curb gun violence in america. what was your reaction to what he said? >> it seems to be more show than reality. on the very same day the majority leader came out and said that they're not going to pass any assault weapons ban. it seems like he's working -- >> he didn't say he wouldn't pass. he said he would take a look at it. >> i thought he made an announcement later
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ >>> texas attorney general greg abbott has a lot to say about guns in america. welcome to...
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Jan 29, 2013
01/13
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i think there's also great risk to our economy, but that's separate. i think on the politics of this there is great risk. you look at 1992 when bill clinton was elected president. he won with a margin billion 700,000 among hispanic voters, and that was when it was 2% of the vote. in 2012 barack obama won. when president obama won re-election, 10% of the vote, and he won with over five million. somewhere in there republicans have to go and find over 4.5 million votes outside of the hispanic population just to keep up with democratic gains among that demographic. it's changing a lot of attitudes. understanding that there is -- that there are great challenges here. there are very, very deep opinions on both sides. making the case for what a moderate easternized immigration system looks like and how republican policies, how conservative principles can contribute to that. >> not to rehash too much, but just looking back, do the republican debates where everyone including mitt romney seemed to be running to the right and when rick perry and -- the access mod
i think there's also great risk to our economy, but that's separate. i think on the politics of this there is great risk. you look at 1992 when bill clinton was elected president. he won with a margin billion 700,000 among hispanic voters, and that was when it was 2% of the vote. in 2012 barack obama won. when president obama won re-election, 10% of the vote, and he won with over five million. somewhere in there republicans have to go and find over 4.5 million votes outside of the hispanic...
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Feb 6, 2013
02/13
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economy. research shows that immigrants, most of whom come here through the family system, are twice as likely to start businesses in the u.s. as native people. and small non-tech businesses have grown at 2.5 the national average. i often say that i am glad that google was founded by an immigrant. it's worth noting that none of the founders of these companies came to the united states because of their skills. andy grove, they all came here for our family system or because they were refugees of the children of refugees. what made that special was the traits they shared with immigrants of all kinds. entrepreneurs, and a desire for a better life. it is the secret sauce that makes america great. when alexander hamilton and andrew carnegie, and many others, immigration is good for our country. it's time that we do our part and devise a way that the people have enough get up and go to get up and go and come to our shores and bring their talents and contributions to our society and to our economy to
economy. research shows that immigrants, most of whom come here through the family system, are twice as likely to start businesses in the u.s. as native people. and small non-tech businesses have grown at 2.5 the national average. i often say that i am glad that google was founded by an immigrant. it's worth noting that none of the founders of these companies came to the united states because of their skills. andy grove, they all came here for our family system or because they were refugees of...
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Feb 3, 2013
02/13
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how do you see the economy? >> i see the economy as being fragile. but definitely moving in the right direction. alex, it's why we have to be so careful with regard to what we do in congress. a lot of the problems that could come about with regard to gdp is a result of the public and business feeling a certain level of uncertainty. we have to make -- we have to do what we are supposed to do in congress, come to reasonable decisions. we have to have some cuts. those cuts have to be reasonable and careful and we have to make sure that we do nothing to stop this fragile economy from growing. we have already seen the effect on the gdp from the last quarter. we can't have that happening again. we have to move forward. >> the president in this address mentioned home prices started to climb again. i know you have done a lot of work on the housing crisis. is it improving and what can the government do to help? >> there are pockets in baltimore and cleveland and detroit and a number of our cities where foreclosure is at an all-time high. people have lost just
how do you see the economy? >> i see the economy as being fragile. but definitely moving in the right direction. alex, it's why we have to be so careful with regard to what we do in congress. a lot of the problems that could come about with regard to gdp is a result of the public and business feeling a certain level of uncertainty. we have to make -- we have to do what we are supposed to do in congress, come to reasonable decisions. we have to have some cuts. those cuts have to be...
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Feb 1, 2013
02/13
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WBAL
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>>> on the broadcast tonight, a wild ride for the american economy. stocks surge to their highest close in more than five years, nearing an all-time high. but unemployment ticked up. then there's the price of gas. suddenly sky-high again. >>> there's been another terrorist attack on a u.s. outpost overseas. our own richard engel is there, all of it playing out when we get a new secretary of state. >>> new rules in the ongoing fight over birth control coverage. the president makes an offer. the question is, will religious leaders give it their blessing? >>> and the big game. it's all over, but the shouting, the fans are in place, the excitement is building. oh, but wait. we're talking about the puppy bowl on sunday. "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >>> good evening. late today the stock market crossed over something of a mythic mark of the modern era and the dow jones industrials closed above 14,000 for the first time since 2007. and we all remember what happene
>>> on the broadcast tonight, a wild ride for the american economy. stocks surge to their highest close in more than five years, nearing an all-time high. but unemployment ticked up. then there's the price of gas. suddenly sky-high again. >>> there's been another terrorist attack on a u.s. outpost overseas. our own richard engel is there, all of it playing out when we get a new secretary of state. >>> new rules in the ongoing fight over birth control coverage. the...
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Jan 30, 2013
01/13
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the not stimulated the economy in the way republicans say they would. i think there's a real debate to be had here. we have to be honest about the fact that the deficit is not the immediate issue. >> what does this do to the push that the president wants and some other democrats want for more tax hikes? they want to close hoop holes which is the tax hike. the president was saying when we were struggling and in a recession now is not the time to raise taxes. this is the worst we have been since we came out of that recession. hoping for a one-percent growth which is an nehm mick. instead of growing it's like we lost weight instead of growing weight. you run a gain rate every year. >> he is going to press for more that he canses. this is not about restructuring the sucht economy if you look at the last of the second half. every single time congresses of both taerts weather they are jqk or george w-bush. you can-- every time you raise taxes you shrink this. he's interested in the wealth redistribution part of the transformation of the u.s. economy. so again
the not stimulated the economy in the way republicans say they would. i think there's a real debate to be had here. we have to be honest about the fact that the deficit is not the immediate issue. >> what does this do to the push that the president wants and some other democrats want for more tax hikes? they want to close hoop holes which is the tax hike. the president was saying when we were struggling and in a recession now is not the time to raise taxes. this is the worst we have been...
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Feb 3, 2013
02/13
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he needs to continue talking about the economy. if you look at the numbers for this week, it's very disturbing just in anticipation of the defense cuts in the sequester we saw a shrinkage in defense spending. it's going to have a considerable dent to consumer demand if this sequester goes through. that is going to be tough for the president to deal with. at the same time because of what michael says the public on these issues, there's a magic moment for immigration reform right now and maybe gun control. those are issues you have to push very hard on and can't lose focus on. those senate democrats up for re-election in red states who he's asking for help on those two issues are going to say come april if those numbers deteriorate you have to know what to do on jobs. you have to talk to americans about the economy. >> before we take a break here, tell me quickly, what is there to be done about the economy that involves congress at this point? >> a lot to be done by the executive branch. basically the unemployment rate of 7.9% is dec
he needs to continue talking about the economy. if you look at the numbers for this week, it's very disturbing just in anticipation of the defense cuts in the sequester we saw a shrinkage in defense spending. it's going to have a considerable dent to consumer demand if this sequester goes through. that is going to be tough for the president to deal with. at the same time because of what michael says the public on these issues, there's a magic moment for immigration reform right now and maybe...
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Feb 4, 2013
02/13
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economy. the moves come after "the washington post", "the new york times" and "the wall street journal" announced recent attacks on their computer systems suspected of original senating from china. social media site twitter as you say said friday dreamly sophisticated hackers from an unidentified source may have stolen the user names, e-mail addresses and passwords of 250,000 customers. now the u.s. has made little progress in negotiations with the chinese to stop this kind of hacking. now the u.s. is considering new economic and diplomatic steps to prevent it and according to "the financial times", more information-sharing between washington and private companies to protect critical systems and infrastructure like power grids and communications systems. >> we, you know, have had and been very clear about our substantial and growing concerns about the threats of economic to economic national security posed by cyber intrusions including the theft of commercial information. we have been clear wi
economy. the moves come after "the washington post", "the new york times" and "the wall street journal" announced recent attacks on their computer systems suspected of original senating from china. social media site twitter as you say said friday dreamly sophisticated hackers from an unidentified source may have stolen the user names, e-mail addresses and passwords of 250,000 customers. now the u.s. has made little progress in negotiations with the chinese to stop...
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Jan 30, 2013
01/13
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economy shrank in the fourth quarter. ringing the bell today, jack lapinsky, president of the energy company cvr refining. >>> we're keeping an eye on a hostage situation in southern alabama. man boarded a school bus and shot and killed the driver, took a 6-year-old hostage and holding him in some sort of underground bunker. police are communicating with the man and they tell us the little boy has not been harmed. >>> in the next hour, the senate judiciary committee holds its first hearing on gun violence since the newtown massacre last month. we're looking inside this hearing room and wayne lapierre the executive vice president of the nra, you can see him sitting there beside the gentleman in the white hair. wayne lapierre will be testifying later this afternoon. gabrielle giffords, the former congresswoman shot in arizona will give the opening statement for the other side and when that hearing begins, by the way, we'll carry it live. we're expecting it to start in just about 31 minutes. >>> joining me now are jerry henr
economy shrank in the fourth quarter. ringing the bell today, jack lapinsky, president of the energy company cvr refining. >>> we're keeping an eye on a hostage situation in southern alabama. man boarded a school bus and shot and killed the driver, took a 6-year-old hostage and holding him in some sort of underground bunker. police are communicating with the man and they tell us the little boy has not been harmed. >>> in the next hour, the senate judiciary committee holds its...
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Feb 3, 2013
02/13
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help manage hunger... look who's getting smart about her weight. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. >> i just receive add note i misspoke about the president's position on containment which, obviously, we don't have a position on containment. to make sure, your correction is clear, you do have a position on containment, and that is that we do not favor containment. >>chris: defense secretary nominee chuck hagel struggling in the senate confirmation hearing, when asked of the united states policy on iran's nuclear program. time now for our sunday group, rep
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help manage hunger......
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Jan 31, 2013
01/13
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he wanted i am sure to show the appear ranges of activity while the economy has remained langwith for these years. we had a deep recession and sputtering and at that time the president wanted to show he cared. he created a blue ribbon commission. how come you are not meeting with them more. when will was the last time you met with them. why don't you talk to these people why don't you worry about jobs. at the closure it's embarrassing with such high unemployment, 23, 24 million people in the wrong situation just not the optics are bad. >> their mission was in the president's view an important one. a lot of people look at this as one, when president obama had a background he never ran a company and never worked for a company. he was a community organize he were and worked at a law firm. didn't work in business. so this was a way in which he would have outreach directly to the business community about their concerns and help guide his agenda toward creating more jobs. he barely met with them and now it's done, chris. is this not just an invitation for more criticism? >> sure. you saw th
he wanted i am sure to show the appear ranges of activity while the economy has remained langwith for these years. we had a deep recession and sputtering and at that time the president wanted to show he cared. he created a blue ribbon commission. how come you are not meeting with them more. when will was the last time you met with them. why don't you talk to these people why don't you worry about jobs. at the closure it's embarrassing with such high unemployment, 23, 24 million people in the...
SFGTV2: San Francisco Government Television
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Feb 1, 2013
02/13
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, even in the face of all these technology companies that are coming here and helping us uplift our economy, even within that success, you hear me talking about the people who aren't getting those jobs, the people who are making decisions everyday in our streets, in our community, and i will not be mincing words -- it is in the bay view. in in the visitation valley. it is in the mission where their dispute resolution is at the end of a gun and this is the way they're talking. this is the way they're dealing with each other and then with anybody who attempts to interfere with that. you have heard me say even with the success of all of our departments and everything that they're doing i can't give a job to a dead youth no matter what we do, and so i can have the best training programs. i can have a high number of jobs available. eric mcdonald and i can create 10,000 jobs in the summer, but if our youth are resolving their differences with the point of a gun or the end of a knife those jobs are never going to be available to them. how do we interrupt that violence? i cannot put it all on our p
, even in the face of all these technology companies that are coming here and helping us uplift our economy, even within that success, you hear me talking about the people who aren't getting those jobs, the people who are making decisions everyday in our streets, in our community, and i will not be mincing words -- it is in the bay view. in in the visitation valley. it is in the mission where their dispute resolution is at the end of a gun and this is the way they're talking. this is the way...
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Feb 1, 2013
02/13
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it showed that 157,000 jobs were added to the economy in january. and sure the number came in a bit soft. what investors were looking at were the stronger revisions higher in november and december for those jobs numbers. so that was encouraging and that really got the dow over that level. but the focus yet today is on dow 14,000 because it's been five years since stocks were at this level and the optimists about this say it shows just how far we've come. >> remember, this? march 1999, the height of the dot com boom, dow hit 14,000 for the first time. >> it was a big deal when we hit 10,000, we gave out hats. these are big psychological levels, they're crescendos. >> fast forward to 2006, the height of the housing boom. dow 12,000. nine months after that, 14,000. but we wouldn't see that threshold again for a long time. the housing market was already crumbling, recession was lurking. now five years later, we're back and the returns staggering. >> reporter: bank stocks buoyed, bounced back. housing stocks through the roof, the rally is driven by you,
it showed that 157,000 jobs were added to the economy in january. and sure the number came in a bit soft. what investors were looking at were the stronger revisions higher in november and december for those jobs numbers. so that was encouraging and that really got the dow over that level. but the focus yet today is on dow 14,000 because it's been five years since stocks were at this level and the optimists about this say it shows just how far we've come. >> remember, this? march 1999, the...
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Feb 2, 2013
02/13
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that the obama economy is not working. you look at the gdp number, what is interesting, part of the reason why it contracted, there were cuts to defense spending. the obama administration saying this is an indication that spending cuts, what republicans calling for, don't necessarily work. the thing that is sort of looming over this mixed bag, this economy picture that we got this week, are, of course, these fiscal fights coming up on the horizon. republicans and democrats will have to deal with that. first up, the sequester which could potentially work in deeper spending cuts to defense spending, nondiscretionary spending. that's something that the white house, that congress will really have to deal with, and that's sort of first up on the list of fiscal fights in a series of them, alex, on the horizon. >> kristen welker, thank you for that. we'll see you in the best of office politics in a half an hour. >>> later on, new campaign for immigration reform. a new report suggests it may not be much of a help for the republica
that the obama economy is not working. you look at the gdp number, what is interesting, part of the reason why it contracted, there were cuts to defense spending. the obama administration saying this is an indication that spending cuts, what republicans calling for, don't necessarily work. the thing that is sort of looming over this mixed bag, this economy picture that we got this week, are, of course, these fiscal fights coming up on the horizon. republicans and democrats will have to deal...
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Feb 1, 2013
02/13
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yes, the economy is growing. yes, with each passing month we're on more sound ground but, you know, i don't think anyone's going to feel really good until unemployment is below 6%. >> and the big issue continues, one of the odd issues has to be consumer confidence. and we're finding in our own polling that there may be a tie to washington gridlock in consumer confidence. because if you look at all of the other private data, housing starts are up, everything looks like it should be in better shape, but consumer confidence from december to january went down. and the intervening event was what? the fiscal cliff. we found in our own polling people feel less confident about the economy when there's no deal in washington. is that what you guys see? >> yeah. i would say it's more dollars and cents than that, though. chuck, you know, the payroll tax holiday went away in january. everyone got their first paycheck in 2013 and said, it's a lot smaller, what's the heck's going on. and that's reflected in the confidence numbe
yes, the economy is growing. yes, with each passing month we're on more sound ground but, you know, i don't think anyone's going to feel really good until unemployment is below 6%. >> and the big issue continues, one of the odd issues has to be consumer confidence. and we're finding in our own polling that there may be a tie to washington gridlock in consumer confidence. because if you look at all of the other private data, housing starts are up, everything looks like it should be in...
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Feb 1, 2013
02/13
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in fact, my view on the economy is a little bit less sunny than ron's. the unemployment rate has been stuck in a range between 7 and 8.2% now for almost a year. so we're kind of slogging along. growth is definitely better than that negative gdp report from the last quarter. that was anomalous. but it's not gang busters by a long shot. >> okay. so that's the big story we've got this morning. perry, i want to talk to you about the big story that's been unfolding since yesterday and the headlines in the papers today, the reviews being in on chuck hagel's performance on the hill. skprael taking it on the nose from his former colleagues. want to remind everybody how that hearing went. take a look. >> the surge would be the most dangerous foreign policy blunter in this country since vietnam. were you correct or incorrect? yes or no? >> my reference to the -- >> senator hagel -- >> well, if you would like me to explain, why -- >> well, i actually would like an answer. yes or no. >> well, i'm not going to give you a yes or no. i think it's far more complicated t
in fact, my view on the economy is a little bit less sunny than ron's. the unemployment rate has been stuck in a range between 7 and 8.2% now for almost a year. so we're kind of slogging along. growth is definitely better than that negative gdp report from the last quarter. that was anomalous. but it's not gang busters by a long shot. >> okay. so that's the big story we've got this morning. perry, i want to talk to you about the big story that's been unfolding since yesterday and the...
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economy added 157,000 jobs in january. now, that was just in line with expectations. now the unemployment rate did go up to 7.9% but economists we spoke to describe the report as decent and say it shows the economy's continuing to grow at a moderate pace. >>> the department of health and human services proposed new guidelines that allow religious institutions to avoid paying for contraception coverage. the proposed rules would let certain groups like hospitals and schools decline to provide that coverage for religious reasons. women can get the coverage but the insurance provider has to pay for their contraception separately. the catholic health association you may recall had asked for changes to the contraception mandate, had gone to the president, and they say they are now studying his new proposal. >>> the french president francois hollande will visit mali this weekend. french troops have been helping the malian army oust rebels who have taken over part of the count country. the french face the daunting task of securing mali, preventing country from becoming a magn
economy added 157,000 jobs in january. now, that was just in line with expectations. now the unemployment rate did go up to 7.9% but economists we spoke to describe the report as decent and say it shows the economy's continuing to grow at a moderate pace. >>> the department of health and human services proposed new guidelines that allow religious institutions to avoid paying for contraception coverage. the proposed rules would let certain groups like hospitals and schools decline to...
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Jan 29, 2013
01/13
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CNN
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ >>> our second story "outfront," transformational or overrated? which word better describes the legacy of hillary rodham clinton as secretary of state? president obama thinks the first option is what people think. >> i think hillary will go down as one of the finest secretary of states we've had. >> not everyone agrees. a former official tells the los angeles times, it's tough to see what has happened in world politics over the last four years that wouldn't have happened without her, so it's hard to see how she gets into the category of truly great, transformational secretar
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪...
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Feb 2, 2013
02/13
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MSNBC
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things change depending on where the economy is and the flow. the other thing is when we talk about immigration in this country, we only talk about illegal immigration basically. there's a whole legal immigration apparatus, and just so you know what the pie chart looks like, there's about 40 million immigrants in this country who are documents. that means they immigrated and become citizens or they have green cards, permanent legal residency. there's about 3.5 million of guest worker visas, about 2 million have student visas, and the rest are undocumented. so this is what the pie chart looks like. we're talking about bringing that red slice into the blue slice. that's a big part of it. but the other place that red slice can go, if we're looking there, thinking about the future, is that guest worker visa or student visa. there's other kinds of ways you can create legal status for people that is not citizenship. and one of the big fights traditionally, particularly between labor and capital over immigration, has been the notion of how much you wan
things change depending on where the economy is and the flow. the other thing is when we talk about immigration in this country, we only talk about illegal immigration basically. there's a whole legal immigration apparatus, and just so you know what the pie chart looks like, there's about 40 million immigrants in this country who are documents. that means they immigrated and become citizens or they have green cards, permanent legal residency. there's about 3.5 million of guest worker visas,...
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answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> pond scum, it's the next big thing, apparently, at least for audi, who is trying to turn a rather nasty and smelly substance into fuel. audi, a brand on facebook with more likes than justin bieber or lady gaga, and the company is a rock star in its own right when it comes to cracking one important code. >> at the end of the day, we could use hydrogen, we can produce natural gas in the form of methane, or ethanol or diesel. >> they call it e-gas, and according to brian, it's the fuel of the future. the company has figured out a way to make its own brand of natural gas without drilling. kind of a miracle, right? they're making fuel from pond scum. >> giving the challenges ahead of us with global warming, this is a solution. >> which is why pond scum is so perfect. it's low cost, renewable, and it's a raw material that can be converted into by ofuels that can then be used in diesel engines. this man said his goal is to produce e-gas at the same cost
answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> pond scum, it's the next big thing, apparently, at least for audi, who is trying to turn a rather nasty and smelly substance into fuel. audi, a brand on facebook with more likes than justin bieber or lady gaga, and the company is a rock star in its own right when it comes to cracking one important code. >> at the end of the day, we could use...
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Feb 5, 2013
02/13
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we are in a stagnant economy in america. we need to grow the economy the best way we can, to do that with inexpensive fossil fuel, oil, gasoline, allow people to get their products and goods and services to markets. >> shannon: all right. we've got to turn now to the white house where we understand we are just about to hear from the president of the united states. >> the decisions that we face on our budget and on our deficit. these are decisions that will have real and lasting impacts on the strength and pace of our recovery. economists and business leaders from across the spectrum have said that our economy is poised for progress in 2013. we've seen signs of this progress over the last several weeks. home prices continue to climb, car sales that are a -- are at a five-year high, manufacturing has been strong, and we've created more than six million jobs in the last 35 months. but we've also seen the effects that political dysfunction can have on our economic progress, the drawn-out process for resolving the fiscal cliff hu
we are in a stagnant economy in america. we need to grow the economy the best way we can, to do that with inexpensive fossil fuel, oil, gasoline, allow people to get their products and goods and services to markets. >> shannon: all right. we've got to turn now to the white house where we understand we are just about to hear from the president of the united states. >> the decisions that we face on our budget and on our deficit. these are decisions that will have real and lasting...
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Feb 1, 2013
02/13
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economy today. out recently the labor department just announced in january that unemployment, the rate has jumped one-tenth of a percent to 7.9%. the economy shrank slightly in the last quarter of 2012. our nation's debt grew to $16.4 trillion. investors are seemingly unfazed pushing the dow jones to the 14,000 mark for the first time since 2007. what is all with the conflicting data and why is the dow reacting this way. and the unemployment rate ticked up to 7.9% and the dow spiked, how do you explain that? >> the unemployment rate moved to 7.9% and it would be worse that more people found a job dropped out to the work force and stopped looking altogether. it was 169,000. so many people had stopped looking for work, just gotten discouraged and given up since the president has been in office that unemployment rate would be 10% if those people were still looking for a job. even worse, 22.7 million people that are unemployed. if you include people who would like to work more, they need more work in or
economy today. out recently the labor department just announced in january that unemployment, the rate has jumped one-tenth of a percent to 7.9%. the economy shrank slightly in the last quarter of 2012. our nation's debt grew to $16.4 trillion. investors are seemingly unfazed pushing the dow jones to the 14,000 mark for the first time since 2007. what is all with the conflicting data and why is the dow reacting this way. and the unemployment rate ticked up to 7.9% and the dow spiked, how do you...
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Feb 4, 2013
02/13
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FOXNEWSW
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truth is, overall there were a lot of positives to the economy. the big problem is defense spending was cut 22 percent. it was the biggest drop in 42 years. it was very abrupt. it had to do with folks being worried about the possible impacts of the fiscal cliff and what goes on in washington. what i have said repeatedly is washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a way for us to solve these budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do that there's no reason why we can't have really strong growth in 2013. but we can't have washington dysfunction getting in the way. >> we will talk about that more this morning with donald trump. he joins us with fox and friends at 7:00 today. >>> before we leave the house let's get the first degree weather update with maria molina. >> it is cold. how is the weather looking for the rest of the? >> good news we could
truth is, overall there were a lot of positives to the economy. the big problem is defense spending was cut 22 percent. it was the biggest drop in 42 years. it was very abrupt. it had to do with folks being worried about the possible impacts of the fiscal cliff and what goes on in washington. what i have said repeatedly is washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a...
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Feb 6, 2013
02/13
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MSNBCW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ so i can't afford to have germy surfaces. but after one day's use, dishcloths can redeposit millions of germs. so ditch your dishcloth and switch to a fresh sheet of new bounty duratowel. look! a fresh sheet of bounty duratowel leaves this surface cleaner than a germy dishcloth, as this black light reveals. it's durable, cloth-like and it's 3 times cleaner. so ditch your dishcloth and switch to new bounty duratowel. the
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for...
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it showed january's job reports, 157,000 jobs were added to the economy, but the way wall street sees it, it came in soft. wall street is looking at it at a more broader view, and they are looking at the momentum from november and december, and you are seeing a stronger trend continue, so that's good news obviously. but then again there has been an underlying optimism already in the market, and that's being fueled by the federal reserve. and that's buying up mortgage backed treasury and securities, and that's driving interest rates lower so the best game in town as far as investors see it to make money is here in the stock market, and it's driving investors to the stock market. and what moved the needle, it was the jobs number, and how the next milestone for the dow will be the all-time high, and first we will see if it can hold at 14000 at the close, and then we will see what happens. >> how much confidence do we have in this rally? >> some say not much, and others say stocks are making a comeback and the economy is doing that as well. one well known economist talks about this, and h
it showed january's job reports, 157,000 jobs were added to the economy, but the way wall street sees it, it came in soft. wall street is looking at it at a more broader view, and they are looking at the momentum from november and december, and you are seeing a stronger trend continue, so that's good news obviously. but then again there has been an underlying optimism already in the market, and that's being fueled by the federal reserve. and that's buying up mortgage backed treasury and...
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Feb 3, 2013
02/13
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WBFF
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. -3 ptory. 3 good nnws or the economy. several factors are coming together... increasing investors' ccnnidence oo wall street. the dow losed - abbve 14-thousand for the first time since the finaacial - crisss hii... boosting many 401k plans. woods says, "the economyys stabilizing in a very reluctant but measurably positive growth." auto sales are llttst jobs report falls clossly in line with expectations... obama says: "we beggn thhs year with pconomists aad business leaders saying thattwe are poissd to grow in 2013. and there areereal signs of prrgress." but ssme aree -3 still skkptical...kenny ayss pthere ae some hurdles out there - mann of themmaree washington-centric, whether it's debttceiling, wwether it's budget." repuulicans are blaming democrats for not passing aa budget in nearly 4-years... puts could throw these gains out of baaance.brroks says: a national budget, piling up debts that now exxeed $16 trillion and unemployment high." experrs are reminding the public that the stock maaket is mmre a &&prepresentation of how phe conomy rather than the econ
. -3 ptory. 3 good nnws or the economy. several factors are coming together... increasing investors' ccnnidence oo wall street. the dow losed - abbve 14-thousand for the first time since the finaacial - crisss hii... boosting many 401k plans. woods says, "the economyys stabilizing in a very reluctant but measurably positive growth." auto sales are llttst jobs report falls clossly in line with expectations... obama says: "we beggn thhs year with pconomists aad business leaders...
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Feb 5, 2013
02/13
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MSNBC
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instead of focusing on the paramount issue that every american is still fising, the jobs, the economy -- >> what's the republican job program? >> it's not about the republican job -- >> you just brought it up. what's your party's program? >> you're asking about the president, let me address the president. doesn't ask about the republicans. i'm telling what you the president is doing. my analysis of what the president is doing is a smart strategy as steve noted. he's throwing a lot of things out there to see what sticks but he also has a problem on the issue like guns that harry reid is not sitting up champing at the bit to do gun legislation coming out of the senate, by the way. so -- >> but the american public, michael, is he. >> well, we know what the american public wants and what the united states senate and congress wants is sometimes two different things. that's the point. the president is trying to triangulate these interests to put his agenda out there to put the republicans on the defense to cobble together what he needs from the democrats to get something done. meanwhile we
instead of focusing on the paramount issue that every american is still fising, the jobs, the economy -- >> what's the republican job program? >> it's not about the republican job -- >> you just brought it up. what's your party's program? >> you're asking about the president, let me address the president. doesn't ask about the republicans. i'm telling what you the president is doing. my analysis of what the president is doing is a smart strategy as steve noted. he's...
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Jan 30, 2013
01/13
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CSPAN2
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we to think of that for jobs and the economy. talking about economic growth and jobs in the worst thing you can do is raise taxes. as we get in the budget debate, i hope it will focus the light squarely where it should be and that is on the past three years democrats lack of budget and their budget this year is near them talk about it which proposes more tax increases with jobs growth in the economy. >> following the president so-called recess appointments, the courts have now ruled disappointment were illegally made, unconstitutional. so we have now is the nlrb operating under a cloud of uncertainty. i'm introducing legislation this week focused specifically on that and making sure there are no more nlrb rules or regulations coming out until the court fully in the supreme court resolve the issue. it is more and more of a problem if they continue to come up with rules and regulations causing additional uncertainty and as a result, i say it is time for the president to stop trying to sidestep the constitution, sites that seneca we
we to think of that for jobs and the economy. talking about economic growth and jobs in the worst thing you can do is raise taxes. as we get in the budget debate, i hope it will focus the light squarely where it should be and that is on the past three years democrats lack of budget and their budget this year is near them talk about it which proposes more tax increases with jobs growth in the economy. >> following the president so-called recess appointments, the courts have now ruled...